💵NZDU/USD Time for a correction 💵Quick play 💵Quick play to make a correction in the medium-term uptrend after the double top breakout on the hourly interval 💵Input at current level 💵Stop order above double top 💵Take profit at 0.57334 which is the 0.382 fibo of the upward impulse wave 🚀If you appreciate my work and effort put into this post I encourage you...
Hello viewers, in idea NZDUSD before this one , i am make Tech and Fund analyis on NZDUSD, here is update, here bullish push continuation i still believe we can see, +techncially picture looks still strong. TP1: 0.59700 (120PIPS) TP2: 0.60000 (150PIPS)
On the H4 chart, as the price is testing the descending trendline and the price is above ichimoku cloud, we have a bullish bias that the price may rise from the buy entry at 0.58148, which is in line with the previous swing high to the take profit at 0.59963, where the overlap resistance and 50% fibonacci retracement are. Alternatively, the price may drop to the...
NZD/USD retreats from a nearly two-week high set earlier this Thursday amid fresh USD buying. Bets for more aggressive Fed rate hikes and elevated US bond yields continue to boost the buck. Recession fears weigh on investors’ sentiment and also exert pressure on the risk-sensitive kiwi. The NZD/USD pair struggles to find acceptance above the 0.5800 mark for the...
Very similar to the AUDUSD, the NZDUSD is currently trading higher due to the weakness in the DXY. However, with no major news in the horizon for the NZD, the price movement is likely to be driven by the DXY and the AUDUSD. As the price is trading higher along the upward trend line and approaching the 0.5811 resistance level, look for a potential break out to...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around
Update! Ok cool, looks like a Head and Shoulders pattern has been located where the circles are. The orange arrow shows price climbing on declining bull volume. Mac D is on top side. RSI is overbought and also could be creating a double top with a lower high which could be bearish divergence. Let's see if test the previous low RSI level. Price could continue to...
If you saw my current outlook on the DXY, this pair could have some more room to go down if sentiment holds true. I exited this trade earlier today with 60 pips and wanted to play it safe when the market started pulling back. However, this one of my 4 tickers I trade so an update needs to happen. The RSI is not OS just yet but is close. MacD still on top side and...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5575). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5575). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
NZDUSD like NZDCAD in my earlier analysis had been on a downtrend as well with so much correlation and we can spot that they both are reacting from the same supply zone which gives us a stronger confluence for a sell at this point. So that being said we have marked out our zone a we are looking to see the market fall from there to create a new lower...
On the H4, the price is below the ichimoku cloud and descending trendline, we can expect the price to drop from the sell entry at 0.5719, which is the previous swing high and key resistance to the take profit at 0.5548, where the swing low support is. Alternatively, the stop loss is at 0.58022, where the previous swing high, 100% fibonacci projection and 38.2%...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.573 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe. Joe.
At this point we will watch the 4 hour time frame. Gonna take notice on the 1 hour as well. Price action is still holding our sentiment. Although RSI isn’t oversold yet, we still want to play it safe. Waiting for some more candles to get more information and will also keep up with DXY to see if that strength continues or not. Will update on next move.
Looks like we may be near a reversal point. RSI oversold on 1 and 4 hour. Mac D is on the top side on both timeframes as well. Price has recently been building up on declining volume. Would like to see if price will test the current support zone listed on the chart.
Trade Idea: Buying NZDUSD Reasoning: Looking for higher prices in the short term. Entry Level: 0.5682 Take Profit Level: 0.5805 Stop Loss: 0.5644 Risk/Reward: 3.24:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
On the H4, the price is breaking the ichimoku cloud and descending trendline, if the price can break the buy entry, we can expect the price rise to the take profit at 0.58022, where the previous swing high, 100% fibonacci projection and 38.2% fibonacci retracement are. Alternatively, the price may drop to the stop loss at 0.55544, where the swing low support...
On the H4, the price is breaking the ichimoku cloud and descending trendline, if the price can break the buy entry, we can expect the price rise to the take profit at 0.58022, where the previous swing high, 100% fibonacci projection and 38.2% fibonacci retracement are. Alternatively, the price may drop to the stop loss at 0.55544, where the swing low support...